Provides oversight, monitoring and reporting on operational risks for a designated portfolio. Develops and monitors the operational management framework that includes the governance framework & practices leveraged across BMO to manage operational risks. Provides policies & standards, methodologies and controls that increase transparency, accuracy and consistency across groups. Works with stakeholders to implement the methodology, metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring, timely reporting and identification of action plans. Guides/assists in the identification and classification of issues; Recommends and implements solutions based on analysis of issues and implications for the business. Assists in the development of strategic plans. Helps determine business priorities and best sequence for execution of business/group strategy. Conducts independent analysis and assessment to resolve strategic issues. Represents the model validation program / portfolio for internal/external regulatory audits and/or examinations. Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards. Leads and integrates the monitoring, measurement & reporting on the status of the operational risk governance program to internal & external stakeholders. May provide specialized support for other internal and external regulatory requirements. Provides input into the planning and implementation of ongoing operational programs in support of the operational risk framework. Leads/participates in the design,



implementation and management of core business/group processes. Administers and maintains operational risk program activities in adherence to all policies, procedures and established processes. Identifies potential risk situations/ impacts, and make recommendations or escalates to the manager, as per guidelines. Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance. Builds effective relationships with internal/external stakeholders e.g. business stakeholders and Corporate Support Areas (CSAs) in providing ‘second line of defense’ operational risk management support. Analyzes data and information to provide insights and recommendations; includes identification of risk impacts for new processes and workflows related to initiatives. Monitors and tracks performance; Maintains tools and templates for operational risk programs (e.g., Risk Control Self Assessment (RCSA), Sarbanes-Oxley (SOX) or regulatory compliance), as required. Provides specialized consulting, analytical and technical support. Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.



In-depth knowledge operational risk management practices. In-depth knowledge of regulatory requirements. In-depth knowledge of quantitative techniques and economic capital methodologies. In-depth knowledge &

experience with risk policy frameworks; quality control / testing frameworks. Deep knowledge and technical proficiency gained through extensive education and business experience. Data driven decision making - In-depth. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. It calls on us to create lasting, positive change for our customers, our communities and our people. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach current milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. Accommodations are available on request for candidates taking part in all aspects of the selection process. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

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📌 Security Risk & Compliance Analyst (Toronto)
🏢 BMO
📍 Toronto